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News

  • 01/12/2012
    People across China have begun travelling home for the annual Spring Festival. The 40-day holiday period, which this year runs from 8 January to 16 February, is expected to see 3.16 billion trips taken by road, rail, air or water, making it the largest annual human migration on Earth. This year's total trips will mark a 9.1% year-on-year rise...
  • 01/06/2012
    China is lining up another record infrastructure project with plans to build the world’s highest airport in Nagqu, Tibet. At an altitude of 4,436m above sea level, construction is due to begin later this year and the facility is scheduled for completion in 2015. Authorities have conducted a feasibility study which have assured operators and...
  • 01/06/2012
    Profit growth among Chinese airlines is expected to slow in 2012 as passengers opt for high-speed train travel instead. According to the Civil Aviation Administration of China, profits for the airline industry are expected to raise by 5.1% percent to CNY45.6 billion (US$7.2 billion) this year, a far cry from the 300% surge in 2010. "In...
  • 01/04/2012
    Intercontinental Hotels Group (IHG) is to launch a new upscale hotel chain in China within the next six months and eventually export the brand across the Asia Pacific region. In an interview with Dow Jones Newswires, Jan Smits, Chief Executive of Asia, Middle East & Africa Operations, said the company is looking to become a favored choice...

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